Cash pay without insurance is not accepted by PBM as a “prior therapy”, which is needed to get to latest brand name drugs. The cash outflow also doesn’t count towards deductibles. Just the last two barriers imo before this takes off
I don’t want the latest brand name drugs. I have a friend who is an MD and has told me that whenever I have a choice between a new drug and an older drug, ask for the older drug. Remember Vioxx? With a new drug that haven’t been taken by millions of people for years you are at risk of some serious side effects that didn’t show up in the drug trials. Older is often safer.
We need the drug companies to be held accountable and the Doctors that FEED off of them!! My past is in the medical field and I can give you dates and Doctors who steal our money so they can not care about the cost of meds for others.
@@fino7561 Canada's healthcare is free, which does not include cost of prescriptions. In Canada, Canadians are expected to pay for their own prescription drugs.
Another year later.. but, thats like asking the same question for any other country.. sure Canadas a neighbor.. But different country. Different laws. Different regulations. Different guidelines. In general. And especially healthcare wise..
Im here for Mark, not for Kara. Dang this women needs to stay in her lane - your 5 second google search isn’t worth interrupting a guy whos revolutionizing drug distribution
Good to see that Mark has taken upon fixing one of the biggest problems in America.
Price on Cost Plus for 90 pills is less than the co-pay for a few of my mothers medications. Pure genius
Bullshit u got a account
Seems like a great guy, a true problem solver
Without absorbing R&D cost?! Hopefully, it doesn‘t eliminate some of the pharmaceutical companies. Problem is the middle men.
18:35 lmaooo i got this reference.. very nice
*Thanks to Mr. Cubes*
Great idea, and I'm using it now......
Yep how did you create a account -I’m trash this FOOL
Free market solutions can address price disparities in healthcare.
It's not nearly that simple. But yes.
Cash pay without insurance is not accepted by PBM as a “prior therapy”, which is needed to get to latest brand name drugs. The cash outflow also doesn’t count towards deductibles. Just the last two barriers imo before this takes off
Very interesting. Any recommendations to learn more about the PBM system and related aspects?
I don’t want the latest brand name drugs. I have a friend who is an MD and has told me that whenever I have a choice between a new drug and an older drug, ask for the older drug. Remember Vioxx? With a new drug that haven’t been taken by millions of people for years you are at risk of some serious side effects that didn’t show up in the drug trials. Older is often safer.
*Mark Cuban is a boss! Too bad he won’t run for president - Someone I would actually get behind!*
He just explained how the incentives in politics limits what he can do. He's doing it in the private sector and much quicker.
Amazing
why does the thumbnail look 20 years old??
Kara interrupts too much and at times doesn't know what she is talking about.
try more insightful, smart, good-looking & courteous moderator so there's a basis for comparison
Yeah I hate that wittch. Shes so annoyingly arrogant
We need the drug companies to be held accountable and the Doctors that FEED off of them!! My past is in the medical field and I can give you dates and Doctors who steal our money so they can not care about the cost of meds for others.
HBD
Mark Cuban 👏🏻👏🏻👏🏻 real life hero!
Good grief. Business success is no indicator that a person would be a good president. Cuban should do what he does best - business.
Why only US?
Why not Canada?
Someone please ask.
canada has free healthcare. in usa if you get sick it will cost your arm and leg to pay if you dont have insurance.
@@fino7561
Canada's healthcare is free, which does not include cost of prescriptions. In Canada, Canadians are expected to pay for their own prescription drugs.
Canada already negotiates prices at the government level
Another year later.. but, thats like asking the same question for any other country.. sure Canadas a neighbor..
But different country. Different laws. Different regulations. Different guidelines. In general. And especially healthcare wise..
....aaaand then they get political.
Crypto entrepreneur mark Cuban
Shes so clueless
Kara gets the best people at her conference. They know who she is. And you're still watching lol
try more insightful, smart, good-looking & courteous moderator so there's a basis for comparison
Get a new moderator
try more insightful, smart, good-looking & courteous moderator so there's a basis for comparison
Im here for Mark, not for Kara. Dang this women needs to stay in her lane - your 5 second google search isn’t worth interrupting a guy whos revolutionizing drug distribution
The prices he claims on his website are misleading. The "list" price is not paid by patients currently.
How much more do patients pay over the list price?
@@marionharris5952 Patients don’t pay the list price. They pay less.
Kara is really annoying